Black Girl Ventures Foundation Logo

MIP Score

55

Community Building
Small Business Support

Black Girl Ventures Foundation

Mission

Black Girl Ventures (BGV) is dedicated to addressing the challenges faced by underrepresented women-identifying founders in accessing capital, resources, and community support. Founded in 2016, BGV combines crowdfunding with a unique pitch competition format to fund and scale tech-enabled, revenue-generating businesses founded by women. By leveraging community participation, BGV fosters an equitable entrepreneurial ecosystem.

Basic Information

Tax-Exempt

Address

9142 Richmond Hwy, Apt 244, Fort Belvoir, Virginia, 22060

View all Ft Belvoir charities

Founded in

2018

EIN

83-0935942

Total Assets

$2.617 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

BGV Pitch Program

BGV Pitch Program

The BGV Pitch combines crowdfunding and pitching for a unique fundraising experience.

Emerging Leaders Fellowship

Emerging Leaders Fellowship

Fellowship for underrepresented founders looking to lead in their ecosystem.

BGV NextGen

BGV NextGen

A 6-week accelerator program for HBCU students.

Impact Stats

500+

Total Founders Funded

Funded Founders

BGV has funded over 500 founders directly.

2x

Capital Raised Multiplier

Alumni Capital Raising

BGV alumni raise twice as much capital as other founders.

1

Ecosystem Reach

Ecosystem Builder

BGV is the largest ecosystem builder on the East Coast for underrepresented women founders.

$10M

Total Revenue

Revenue Generation

BGV pitch alumni collectively generate over $10 million in revenue.

3,000

Total Jobs Created

Job Creation

BGV's initiatives have created over 3,000 jobs.

18,000

Total Founders Served

Community Engagement

BGV has served over 18,000 underrepresented women founders.

Past Events

BGV Pitch Competition 2022

2022

In the 2022 BGV Pitch Competition, Aisha McCain, founder of Casual Recovery Enterprises, became the all-time highest earning participant.

Pull Up & Pitch Competition 2023

2023

Crystal Lugo, founder of GloveScaler, won the 2023 Pull Up & Pitch Competition at Something in the Water, gaining major media attention.

Emerging Leaders Fellowship 2023

2023

Paulana Lamonier of Black People Will Swim was a member of the 2023 Emerging Leaders Fellowship Cohort and won funding.

Upcoming Events

BGV LA Pitch Competition

Dec 05, 2024

Join us for the LA Pitch Competition to showcase your pitch!

Learn More

BGV NYC Pitch Competition

Nov 07, 2024

Join us for the NYC Pitch Competition featuring underrepresented founders.

Learn More

Pull Up & Pitch + BGV Marketplace

Nov 01, 2024

Come shoot your shot for 30 seconds to win up to $10k in grants.

Learn More

Our Programs

BGV Pitch

A community-driven pitch competition helping underrepresented women to raise capital.

Learn More

NextGen

A 6-week accelerator designed for HBCU students to build business skills.

Learn More

Emerging Leaders Fellowship

Fellowship program focused on developing underrepresented leaders in the ecosystem.

Learn More

Pull Up & Pitch

A pitch event where entrepreneurs have a chance to win capital on the spot.

Learn More

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

55

42

/100

Program Expense Ratio

78.92%

12

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

0.06762

20

/20

Working Capital Ratio

0.5224

6

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants4.435M100.00%
Program Services00.00%
Investment Income00.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue4.435M100.00%